Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Bank Zachodni WBK SA : Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.

12/17/2012 | 08:55am US/Eastern

17 December, 2012

Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.


With reference to the current report no. 2/2012 dd. 28 February 2012, Bank Zachodni WBK S.A. ("the Bank") announce that on 17 December 2012 it learned from Banco Santander S.A., its majority shareholder, about the change of arrangements made with KBC Bank NV regarding the merger between the Bank and Kredyt Bank S.A. According to such information, Banco Santander S.A. and KBC Bank NV have agreed to withdraw the commitment from Banco Santander, S.A. to purchase from KBC Bank NV a 5% stake in the merged Bank, as mentioned in the communication by KBC Bank NV on 4 December 2012.


Legal basis:
art. 56 (1) of the Act of 1 July on Initial Public Offerings, Conditions for Admitting Financial Instruments to Organised Trading and on Public Companies

distributed by
React to this article
Latest news
Date Title
09:23p AVANIR PHARMACEUTICALS : C O R R E C T I O N -- Avanir Pharmaceuticals, Inc./
09:21p SOUTHWEST AIRLINES : adding service from Burbank to San Francisco
09:19pDJAsian Shares Hold Steady After Greece Defaults
09:18p ST BARBARA : buys back additional US$8 million of Senior Secured Notes
09:18p ORIX : Announcement Regarding Issuance of Won Denominated Unsecured Notes in South Korea
09:16p China official PMI unchanged in June at 50.2, lags forecasts
09:14p China June services PMI rises to 53.8 from 53.2 in May
09:13p ABARES AUSTRALIAN BUREAU OF AGRICULTURAL AND RES : Regional Outlook conference comes to Darwin
09:13p DEPARTMENT OF INDUSTRY AND SCIENCE AUSTRALIAN GO : Every second counts - leap second keeps Australia on time
09:10p WILLIS : Chicago Tribune Phil Rosenthal column
Latest news
Advertisement
Hot News 
DOMINO PRINTING SCIENCES : Uhlmann and Domino in partnership as suppliers of choice for serialised pharmaceutical printing systems
HARBOURVEST HVGPE : Press Release 31 May 2015 Estimated Net Asset Value and Interim Management Statement
HMS BERGBAU : very satisfied with financial year 2014 (DGAP News)
BLUE STAR CAPITAL : Reports Loss In First Half
Signal Genetics Announces Master Service Agreement
Most Read News
01:34a MANCHESTER UNITED : Ramos: i'm mad for united
06/29 Microsoft hands display ads to AOL, maps to Uber
06/29DJBHP Billiton Shifts Responsibility for Potash Unit
06/29 DEUTSCHE LUFTHANSA : Lufthansa strikes postponed until mid-July, union says
06/29DJCelgene to Pay Juno $1 Billion as Part of 10-Year Collaboration
Most recommended articles
10:21a Greek opposition leader says wages, pensions at risk in referendum
10:20aDJSchnitzer Steel Swings to a Loss as Revenue Slides
10:16aDJOil Prices Rise as Investors Watch Iran Nuclear Talks
10:15aDJNIELSEN NV : Press Release : The Conference Board Consumer Confidence Index(R) Increases Again
10:15aDJMay Construction Spending Seen Up 0.5%--Data Week Ahead